Institutional investors increase stakes in Boeing shares

DMKC Advisory Services LLC reported a new position in The Boeing Company, acquiring 16,170 shares in the second quarter valued at roughly $3.5 million, according to its latest SEC 13F filing. Pacific Excel Wealth Advisors Inc. also disclosed a purchase of 4,856 Boeing shares in the same quarter, worth about $1.05 million. Both filings highlight continued interest from institutional investors in Boeing, whose stock opened at $237.08 and carries a market capitalization of $187.38 billion. The disclosures come amid broader adjustments by hedge funds and other large investors, who together own about 64.8 % of Boeing’s outstanding shares.